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REAL ESTATE AND OTHER AFFILIATES (Narrative) (Details)
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Jun. 01, 2016
a
Jan. 24, 2014
USD ($)
a
item
Oct. 04, 2013
USD ($)
a
Jan. 31, 2016
USD ($)
Sep. 30, 2017
USD ($)
Sep. 30, 2016
USD ($)
Dec. 31, 2015
USD ($)
Mar. 31, 2015
USD ($)
item
Sep. 30, 2017
USD ($)
Sep. 30, 2016
USD ($)
Dec. 31, 2016
USD ($)
Real Estate and Other Affiliates                      
Gain recognized on the sale of Redlands Promenade                 $ 32,452,000 $ 140,549,000  
Equity in earnings         $ 7,467,000 $ 13,493,000     25,821,000 35,700,000  
The Summit                      
Real Estate and Other Affiliates                      
Preferred return, on capital (as a percent)               5.00%      
Entitlement of distribution by joint venture (in times) | item               2      
Return on capital contributions (as a percent)               100.00%      
Total assets         163,600       163,600   $ 151,300
Total liabilities         107,300       107,300   116,500
Equity         56,300       56,300   34,800
Revenues         14,200 24,700     46,300 41,600  
Gross margin         6,500 13,700     21,600 22,600  
Net income         7,700 14,600     26,400 25,100  
33 Peck Slip (Grandview SHG, LLC) [Member]                      
Real Estate and Other Affiliates                      
Payments to Acquire Interest in Joint Venture         700,000 2,300,000          
Capital contribution       $ 6,000,000              
Investment in joint venture         $ 9,100,000       $ 9,100,000    
33 Peck Slip (Grandview SHG, LLC) [Member] | Bridge Loan [Member]                      
Real Estate and Other Affiliates                      
Interest rate margin (as a percent)       5.00%              
Amount of bridge loan       $ 25,000,000              
33 Peck Slip (Grandview SHG, LLC) [Member] | Construction Loan Payable [Member]                      
Real Estate and Other Affiliates                      
Redevelopment loan           $ 36,000,000       36,000,000  
m.flats/TEN.M                      
Real Estate and Other Affiliates                      
Transaction value of the land contributed to joint venture     $ 23,400,000                
Area of land contributed to the joint venture (in acres) | a     5                
Fair value of the land contributed to joint venture     $ 4,000,000                
Additional capitalized development costs incurred resulting from contribution of land     3,100,000                
Total book value contribution     7,100,000                
Transaction value, per constructed unit of land contributed to joint venture     $ 53,500                
Distribution of the cash contributed by joint venture partner       7,300,000              
Contribution made till date                     6,300,000
Gain recognized on the sale of Redlands Promenade                     $ 200,000
m.flats/TEN.M | Kettler Inc                      
Real Estate and Other Affiliates                      
Payments to Acquire Interest in Joint Venture       16,100,000              
m.flats/TEN.M | Construction Loan Payable [Member]                      
Real Estate and Other Affiliates                      
Non-recourse construction loan       $ 88,000,000              
Option to extend, term       1 year              
Constellation [Member]                      
Real Estate and Other Affiliates                      
Number of units in Class A apartment building to be constructed | item   124                  
Area Of Land In Downtown Summerlin | a   400                  
Area of land contributed to the joint venture (in acres) | a   4.5                  
Fair value of the land contributed to joint venture   $ 3,200,000                  
Percentage of ownership interest of partners in joint venture   50.00%                  
Percent Share of Proceeds Upon Sale Of Property   50.00%                  
Percentage of proceeds in excess of an amount determined by applying a specified capitalization rate to NOI   100.00%                  
Capitalization rate (as a percent)   7.00%                  
Percentage of project occupied         87.90%       87.90%    
Percentage of project leased         95.20%       95.20%    
Constellation [Member] | Calida Group [Member]                      
Real Estate and Other Affiliates                      
Percentage of ownership interest of partners in joint venture   50.00%                  
Payments to Acquire Interest in Joint Venture   $ 3,200,000                  
Constellation [Member] | Bridge Loan [Member]                      
Real Estate and Other Affiliates                      
Non-recourse construction loan   $ 15,800,000                  
Circle T Ranch and Power Center [Member]                      
Real Estate and Other Affiliates                      
Area of land sold | a 72                    
Equity in earnings                   $ 10,500,000  
Equity Method Investments | The Summit                      
Real Estate and Other Affiliates                      
SID Bonds transferred to a joint venture               $ 1,300,000      
Transaction value of the land contributed to joint venture               125,400,000      
Value of land contributed to joint venture, price per acre               226,000      
Fair value of the land contributed to joint venture               13,400,000      
Equity Method Investments | The Summit | Maximum                      
Real Estate and Other Affiliates                      
Maximum capital contribution required               $ 30,000,000      
Equity Method Investments | Constellation [Member]                      
Real Estate and Other Affiliates                      
Future contribution required             $ 1,000,000        
One Month LIBOR | m.flats/TEN.M | Construction Loan Payable [Member]                      
Real Estate and Other Affiliates                      
Interest rate margin (as a percent)       2.40%